Cwm LLC Has $241,000 Stock Holdings in AB Short Duration High Yield ETF $SYFI

Cwm LLC decreased its position in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 90.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,718 shares of the company’s stock after selling 66,452 shares during the quarter. Cwm LLC’s holdings in AB Short Duration High Yield ETF were worth $241,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Strategic Family Wealth Counselors L.L.C. acquired a new stake in shares of AB Short Duration High Yield ETF during the 3rd quarter valued at $201,000. Centerpoint Advisory Group acquired a new stake in shares of AB Short Duration High Yield ETF during the 3rd quarter valued at $206,000. First Heartland Consultants Inc. acquired a new stake in shares of AB Short Duration High Yield ETF during the 3rd quarter valued at $288,000. Ameritas Advisory Services LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 3rd quarter valued at $327,000. Finally, IHT Wealth Management LLC boosted its holdings in shares of AB Short Duration High Yield ETF by 12.9% during the 2nd quarter. IHT Wealth Management LLC now owns 9,391 shares of the company’s stock valued at $338,000 after acquiring an additional 1,073 shares in the last quarter.

AB Short Duration High Yield ETF Price Performance

NYSEARCA SYFI opened at $35.65 on Tuesday. AB Short Duration High Yield ETF has a twelve month low of $35.07 and a twelve month high of $36.28. The business’s fifty day moving average is $35.65 and its 200 day moving average is $35.84.

AB Short Duration High Yield ETF Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.